EUR/GBP Pulls Back From Highs Ahead of Key EU and UK Economic Data

EUR/GBP pulled back from 0.8700 highs, settling around 0.8660 ahead of key EU and UK data.
ECB Economic Bulletin and EU consumer confidence data due Thursday.
Friday sees EU CPI and UK GDP figures, forecast to show inflation easing and growth steady.
EUR/GBP facing rejection from 200-day SMA around 0.8710 after failing to break 0.8700 resistance.
0.8700 remains key technical level for EUR/GBP upside momentum as pair struggles for direction.

fxstreet.com

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Posted 9/27/2023, 10:37:54 PM